Sony Eric­s­son Be­comes Sony

Voice&Data - - NEWS&VIEWS -

Sony has ac­quired 50% stake in Sony Eric­s­son Mo­bile Com­mu­ni­ca­tions for Euro 1.05 bn. Eric­s­son and Sony will work to drive and de­velop the mar­ket’s adop­tion of con­nec­tiv­ity across mul­ti­ple plat­forms. This trans­ac­tion now en­ables Sony to in­te­grate smart­phones into its ar­ray of net­work­conn ected consumer elec­tron­ics de­vices for the ben­e­fit of con­sumers and the growth of its busi­ness. The trans­ac­tion also pro­vides the Ja­panese com­pany with a broad in­tel­lec­tual prop­erty (IP), cross-li­cens­ing agree­ment cov­er­ing all prod­ucts and ser­vices of it, as well as own­er­ship of 5 es­sen­tial patent fam­i­lies re­lat­ing to wire­less hand­set tech­nol­ogy.

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